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#1
04-11-2008, 07:03 PM
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 Re: Commission on ale of rental property "Phil Marti" <prm20871[at]verizon.net> wrote in message news:RCLLj.16$iI3.7[at]trnddc06... - quote - > "mommio2" wrote:
the sale to the cost basis? It just seems strange that I just add it in> > Hi! For the life of me I can not figure out where/how to enter the real > > estate commission we paid on the sale of our rental property. > Line 2(f), where it says "Cost or other basis, plus improvements and > expense of sale." > You are looking at Form 4797, right? If not, file for an extension and > hire a professional preparer after April 15. > -- > Phil Marti > Clarksburg, MD Yes, I am on Form 4797 Part 1. So I just add the real estate commission on there without justifying or documenting it somewhere! Thanks a bunch for the advice! -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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04-11-2008, 03:40 PM
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| Re: Commission on ale of rental property "mommio2" wrote: - quote - > Hi! For the life of me I can not figure out where/how to enter the real
Line 2(f), where it says "Cost or other basis, plus improvements and expense> estate commission we paid on the sale of our rental property. of sale." You are looking at Form 4797, right? If not, file for an extension and hire a professional preparer after April 15. -- Phil Marti Clarksburg, MD -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
04-11-2008, 03:21 PM
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| Commission on ale of rental property Hi! For the life of me I can not figure out where/how to enter the real estate commission we paid on the sale of our rental property. We had owned it for 5 years and it was inherited. Can anyone please help? Thanks! -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| ale, commission, property, rental |
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